Q3 2026 13F · SEC CIK 2025925

Breakwater Investment Management

Wealth managerFiled 2026-10-20 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $301.7M
Reported positions: 774
Holdings vs S&P 500, 3 yrs: —
Assets under management: $302.7M

Breakwater Investment Management is a wealth manager that reported 774 positions worth $301.7M in its Q3 2026 13F, filed 2026-10-20. Its largest holdings were Vanguard Index Fds (VTI, 13.0%), Schwab Strategic Tr (SCHB, 7.7%), Vanguard Star Fds (VXUS, 6.2%).

Breakwater Investment Management holdings largest 50 of 774 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Breakwater Investment Management 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
VTIVanguard Index Fds	13.0%	14.2%	104,534	-7.3%	$39.1M
SCHBSchwab Strategic Tr	7.7%	8.4%	797,579	-6.9%	$23.4M
VXUSVanguard Star Fds	6.2%	6.5%	219,606	-2.2%	$18.7M
SPTMSpdr Series Trust	4.8%	3.5%	156,111	+36.2%	$14.4M
MSFTMicrosoft Corp	4.5%	3.1%	26,450	+8.0%	$13.6M
SCHFSchwab Strategic Tr	3.0%	2.3%	328,383	+32.6%	$9.0M
SCCRSchwab Strategic Tr	2.8%	2.7%	347,825	+11.5%	$8.5M
VEUVanguard Intl Equity Index F	2.4%	2.7%	88,566	-5.4%	$7.3M
VCRBVanguard Malvern Fds	2.2%	2.2%	90,088	+9.2%	$6.6M
ALLWSsga Active Tr	2.1%	0.7%	226,694	+212.9%	$6.5M
BNDVanguard Bd Index Fds	2.1%	2.9%	92,262	-21.0%	$6.5M
SPYState Str Spdr S&p 500 ETF T	2.1%	2.2%	8,474	-1.8%	$6.5M
VTVanguard Intl Equity Index F	2.1%	2.2%	40,260	-3.9%	$6.4M
VWOVanguard Intl Equity Index F	1.8%	2.0%	91,264	-6.2%	$5.4M
MGKVanguard World Fd	1.7%	1.8%	54,339	-7.3%	$5.0M
VYMVanguard Whitehall Fds	1.7%	2.0%	32,431	-12.4%	$5.0M
BNDXVanguard Charlotte Fds	1.6%	2.6%	106,210	-33.5%	$5.0M
AMZNAmazon Com Inc	1.6%	1.6%	18,948	-5.3%	$4.7M
VIGVanguard Specialized Funds	1.5%	1.7%	19,905	-6.5%	$4.6M
SPABSpdr Series Trust	1.4%	1.1%	175,673	+42.7%	$4.3M
SCHDSchwab Strategic Tr	1.2%	1.5%	110,839	-19.2%	$3.6M
SPEMSpdr Index Shs Fds	1.1%	—	67,034	—	$3.5M
EMHCSpdr Series Trust	1.1%	1.1%	141,974	+16.6%	$3.4M
MGVVanguard World Fd	1.1%	1.4%	20,339	-17.3%	$3.3M
VYMIVanguard Whitehall Fds	1.1%	1.2%	32,306	-7.8%	$3.3M
PRIVSsga Active Tr	1.1%	—	134,389	—	$3.2M
HYBLSsga Active Tr	1.0%	—	113,375	—	$3.1M
SPDWSpdr Index Shs Fds	1.0%	1.1%	59,130	-8.3%	$3.0M
TFISpdr Series Trust	1.0%	—	67,225	—	$2.9M
SCHZSchwab Strategic Tr	0.9%	1.1%	117,250	-13.0%	$2.6M
IAGGIshares Tr	0.9%	1.5%	52,492	-40.5%	$2.6M
VGSHVanguard Scottsdale Fds	0.8%	1.0%	43,417	-17.3%	$2.5M
RLYSsga Active ETF Tr	0.7%	—	62,222	—	$2.3M
SCHCSchwab Strategic Tr	0.7%	—	43,940	—	$2.2M
SCHESchwab Strategic Tr	0.7%	0.8%	56,632	-10.1%	$2.1M
EBNDSpdr Series Trust	0.7%	0.6%	95,168	+13.0%	$2.0M
VTEBVanguard Mun Bd Fds	0.6%	0.5%	39,467	+35.1%	$1.9M
GIISpdr S&p Global Infrastructu	0.6%	0.7%	25,682	-11.3%	$1.8M
VWOBVanguard Whitehall Fds	0.6%	0.7%	28,378	-1.0%	$1.8M
VUGVanguard Index Fds	0.6%	0.6%	18,881	+0.0%	$1.7M
SCHOSchwab Strategic Tr	0.5%	0.7%	68,499	-18.4%	$1.6M
VGKVanguard Ftse Europe ETF	0.5%	0.5%	17,279	-4.7%	$1.5M
GOOGLAlphabet Inc	0.5%	0.5%	4,305	+1.9%	$1.5M
SCHPSchwab Strategic Tr	0.5%	0.6%	58,940	-11.4%	$1.5M
VNQVanguard Index Fds	0.5%	0.6%	16,146	-5.1%	$1.4M
VIGIVanguard Whitehall Fds	0.5%	0.5%	14,769	-0.1%	$1.4M
SPTSSpdr Series Trust	0.4%	0.5%	47,290	+2.1%	$1.4M
SCHXSchwab Strategic Tr	0.4%	0.5%	43,446	-8.7%	$1.3M
VTVVanguard Index Fds	0.4%	0.5%	5,792	-6.6%	$1.3M
VTIPVanguard Malvern Fds	0.4%	0.5%	24,993	-12.1%	$1.2M

What Breakwater Investment Management bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

Reduced

IAGG Ishares Tr-40.5% shares
BNDX Vanguard Charlotte Fds-33.5% shares
BND Vanguard Bd Index Fds-21.0% shares
SCHD Schwab Strategic Tr-19.2% shares
SCHO Schwab Strategic Tr-18.4% shares
MGV Vanguard World Fd-17.3% shares
VGSH Vanguard Scottsdale Fds-17.3% shares
SCHZ Schwab Strategic Tr-13.0% shares

Left the top 50

SCMB Schwab Strategic Trwas 0.7%
HYXU Ishares Incwas 0.5%
SCHH Schwab Strategic Trwas 0.5%
BBEU J P Morgan Exchange Traded Fwas 0.5%
VEA Vanguard Ftse Developed Markets Index Fuwas 0.5%
MGC Vanguard World Fdwas 0.5%

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +14.4% /yr; S&P 500 +20.1%
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$301.7M	774
Q2 2026	$293.7M	600
Q1 2026	$268.9M	506
Q4 2025	$276.4M	497
Q3 2025	$271.2M	530
Q2 2025	$258.5M	310
Q1 2025	$234.2M	315
Q4 2024	$235.2M	309
Q3 2024	$239.5M	310
Q2 2024	$223.6M	317
Q1 2024	$217.3M	314

Questions about Breakwater Investment Management's portfolio

What stocks does Breakwater Investment Management own?

Breakwater Investment Management's latest 13F, for Q3 2026 and filed Oct 20, 2026, lists 774 positions worth $301.7M. The largest are Vanguard Index Fds (VTI) at 13.0%, Schwab Strategic Tr (SCHB) at 7.7%, Vanguard Star Fds (VXUS) at 6.2%, Spdr Series Trust (SPTM) at 4.8% and Microsoft Corp (MSFT) at 4.5%.

What did Breakwater Investment Management buy last quarter?

In Q3 2026, Breakwater Investment Management added Ssga Active Tr (ALLW) (+212.9% shares), Spdr Series Trust (SPAB) (+42.7% shares) and Spdr Series Trust (SPTM) (+36.2% shares), compared with its Q2 2026 filing.

What did Breakwater Investment Management sell last quarter?

In Q3 2026, Breakwater Investment Management cut from its top 50 Schwab Strategic Tr (SCMB), cut from its top 50 Ishares Inc (HYXU), cut from its top 50 Schwab Strategic Tr (SCHH), cut from its top 50 J P Morgan Exchange Traded F (BBEU), cut from its top 50 Vanguard Ftse Developed Markets Index Fu (VEA), Ishares Tr (IAGG) (-40.5% shares), Vanguard Charlotte Fds (BNDX) (-33.5% shares) and Vanguard Bd Index Fds (BND) (-21.0% shares), compared with its Q2 2026 filing.

When is Breakwater Investment Management's next 13F filing due?

13F filings are due 45 days after each quarter ends. Breakwater Investment Management's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Breakwater Investment Management manage?

Breakwater Investment Management reported $302.7M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $301.7M.